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Jan 21, 2013
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expected to announce they completed terms to sell controlling interest to chris hanson and microsoft ceo steve ballmer. the franchise right now valued at 525 million. the new owners expected to move the team to seattle and then rename them the supersonics. any deal would still have to be approved by nba owners and league officials. >>> staying on the topic of buying things, there's a reason it's called a retail therapy. today is often referred to as blue monday and some consider it the most depressing day of the year. many will be turning to shopping to cope with their mood. more than a third of americans say winter is the season they most likely shop to make themselves feel better according to an online coupon survey. 9 out of 100 say they feel guilty about their choice of therapy. scientists have long criticized the blue monday theory noting it was started by a travel agency looking to just drop up business. >>> here's the deal. you want to watch the inauguration but you don't really feel like sitting in front of your tv to do it. guess what? there's an app for that. a mobile inauguration ap
expected to announce they completed terms to sell controlling interest to chris hanson and microsoft ceo steve ballmer. the franchise right now valued at 525 million. the new owners expected to move the team to seattle and then rename them the supersonics. any deal would still have to be approved by nba owners and league officials. >>> staying on the topic of buying things, there's a reason it's called a retail therapy. today is often referred to as blue monday and some consider it the...
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Jan 23, 2013
01/13
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in steve jobs case the former head of palm said jobs told him to stop hiring apple employees. if he didn't, apple would bring expensive patent lawsuitses against palm as punishment. remember, not long ago a palm which no longer exists was a serious competitor in the smart phone business. hired a number of big name apple execs as well. evidence will be heard by federal judge lucy koh, the same judge who sat on the bench during the sam sung trial. she ordered current apple tim cook to testify in the wage fixing case as she decides whether to grant class action status. after the closing bell, all kinds after anxiety. this after reports growth of the iphone is slowing. no matter what they say it will make an enormous amount of money. what investors are worried about is the speed of the growth. that could be slow. >> thank you very much. one to watch. >> keep an eye on apple. let's check in with christina loren talking about time to break out the umbrellas. >> when you walk out the front door you will smell it in the air. the rain is back in the forecast as of this afternoon. we'll
in steve jobs case the former head of palm said jobs told him to stop hiring apple employees. if he didn't, apple would bring expensive patent lawsuitses against palm as punishment. remember, not long ago a palm which no longer exists was a serious competitor in the smart phone business. hired a number of big name apple execs as well. evidence will be heard by federal judge lucy koh, the same judge who sat on the bench during the sam sung trial. she ordered current apple tim cook to testify in...
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Jan 25, 2013
01/13
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the most powerful person at disney, largest shareholder is the steve jobs foundation and his wife loreen. apple stock crushed thursday following the company's financial reports down $63 or 12%. that's $47 billion in market capitalization that ceased to exists after a couple hours of trading. quite possibly the worst one-day loss in silicon valley history. apple said last night it performed 72% more fact ory audits than this time last year. in that 1.5 million workers it found 70 child workers at a subcontractor. that's .004%. what sounds like a big number. it's technically small by scale. >>> a new app hit the app store thursday morning. it's video for twitter. here's behind the scenes in our control room. twitter is 140 letters. this is six seconds of video. it loops so you have to keep it short. kind of like instagram for video. the company had a couple hiccups when it launched. missing a couple features. it's fun. i posted to twitter behind the scenes here a couple seconds ago. scott mcgrew is my user name. behind the scenes weather and traffic and you guys. pretty cool. >> i like it.
the most powerful person at disney, largest shareholder is the steve jobs foundation and his wife loreen. apple stock crushed thursday following the company's financial reports down $63 or 12%. that's $47 billion in market capitalization that ceased to exists after a couple hours of trading. quite possibly the worst one-day loss in silicon valley history. apple said last night it performed 72% more fact ory audits than this time last year. in that 1.5 million workers it found 70 child workers...
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Jan 21, 2013
01/13
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sell controlling interest to a seattle group led by hedge fund manager chris hanson and microsoft ceo steve ballmer. the franchise valued at $525 million. the new owners are expected to move the team as we say to seattle and then rename them the supersonics. that's what the seattle team was previously called. any deal would have to be approved by nba owners and league officials. >> if you want to watch the inauguration but you don't have time to sit in front of the tv and rather keep moving around, good news. there's an app for that. a mobile inauguration app letting you watch the ceremony on the go. you can stream the event live from your phone or anywhere you want. just get updates. also sent to you via text message. download this official app at action 2013 pic.org. people who are planning to go to the inauguration can also use that app to navigate all around the capital. it will be packed. don't forget we here at nbc bay area will be streaming the ceremony live on our website, nbcbayarea.com. >>> the return of the hockey season brought big hopes for the nhl's new app, game center. scott
sell controlling interest to a seattle group led by hedge fund manager chris hanson and microsoft ceo steve ballmer. the franchise valued at $525 million. the new owners are expected to move the team as we say to seattle and then rename them the supersonics. that's what the seattle team was previously called. any deal would have to be approved by nba owners and league officials. >> if you want to watch the inauguration but you don't have time to sit in front of the tv and rather keep...
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Jan 29, 2013
01/13
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of all steve jobs' creations, the iphone, mac, ipad, et cetera. the greatest was apple itself. tim cook is doing a fantastic job, the executive team and the employees there. >> he can carry this company to the future? >> absolutely. to put it in perspective, this earnings report was i think the second largest earnings report in the history of the world business. so it's a great company, and doing extremely well. >> much more on washington, much more on the book and your life these days. al gore, see you in about 45 minutes. >> looking forward to it. >> here is savannah. >>> the boy scouts in america on the verge of a fundamental change on gay scouts and leaders. justice correspondent pete williams has more. >> good morning, savannah. the national board of directors to the boy scouts is actively considering a change to the ban of gay scouts and leaders. it is predicted to pass. it would be a fundamental change for an organization that for decades has fought against allowing gays in. considering such a move to be a violation of the scout oath, requiring scouts to be morley straig
of all steve jobs' creations, the iphone, mac, ipad, et cetera. the greatest was apple itself. tim cook is doing a fantastic job, the executive team and the employees there. >> he can carry this company to the future? >> absolutely. to put it in perspective, this earnings report was i think the second largest earnings report in the history of the world business. so it's a great company, and doing extremely well. >> much more on washington, much more on the book and your life...
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Jan 23, 2013
01/13
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by just about any measure, steve cohen is a financial superstar, amazing success at picking stocks has made him one of the richest, most powerful stars on wall street. now his reputation and his empire may be in jeopardy. a federal criminal investigation appears to have him in the crosshairs. whenever the stock market is open, you usually can find steve cohen here, at the center of the football field-sized trading floor in connecticut, home to his hedge fund. for almost two decades, he has wracked up 20% to 30% annual return for his investors, losing money only one year, leading one magazine to dub him the most brilliant hedge fund manager alive. >> he is viewed as one of the top, top traders that has ever, ever worked on wall street. >> reporter: and does he live large, worth about $9 billion, he owns this lavish estate with a 36,000-square hp foot house and holes for golf. his art collection is valued at almost $1 billion, with works by van gogh and andy warhol. >> the edge he has gotten is not just from his own insight but perhaps from other means that are not legal. >> reporter: so
by just about any measure, steve cohen is a financial superstar, amazing success at picking stocks has made him one of the richest, most powerful stars on wall street. now his reputation and his empire may be in jeopardy. a federal criminal investigation appears to have him in the crosshairs. whenever the stock market is open, you usually can find steve cohen here, at the center of the football field-sized trading floor in connecticut, home to his hedge fund. for almost two decades, he has...
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Jan 28, 2013
01/13
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. >> president obama was asked by steve croft, who did the interview, why? why did you request this interview? and he said frachingly i just want to thank her for her service and i am going to miss her. some people wonder if something else is at work, especially followers of vice president biden. >> you could hear him in the back knocking on the door. >> let me in. >> you might think that vice president joe biden might be interested in a little bit. >> he might be? he ran across pennsylvania avenue to say hello to al. >> got the roker vote. >> if that doesn't say 2016 -- >> i don't know what does. >> that might have torpedoed the campaign. >> no, no, no. >> but some saw this as a vast endorsement of hillary clinton. >> i was looking at the body language a lot, rather than the words. they leaned in together. having been on air with co-anchors, you can tell if people like each other and they were both leaning in like i've got your back and i'll be voting for you. >> they have a very warm friendship now. i think it is revealing, looking at the body language. as
. >> president obama was asked by steve croft, who did the interview, why? why did you request this interview? and he said frachingly i just want to thank her for her service and i am going to miss her. some people wonder if something else is at work, especially followers of vice president biden. >> you could hear him in the back knocking on the door. >> let me in. >> you might think that vice president joe biden might be interested in a little bit. >> he might be?...